IFCI: Explosive Move Hits a Key WallTechnical Setup – IFCI Ltd. on the weekly timeframe chart
Current Price: ₹70.31
Breakout Confirmation: Price broke above major trendline resistance (dotted line) with strong volume
Volume Profile: Highest traded zone was around ₹42–₹50 (base built here)
Fibonacci Levels: 61.8% broken = bullish signal
Targets: 🎯 ₹91.56 (100% Fib level) 🎯 ₹161.79 (161.8% extended Fib target – long term)
📊 Fundamental Story – Government owned NBFC
Focused on infrastructure and industrial finance
Recent market rally shows renewed investor interest
Benefits from:
• PSU sector momentum
• Government capex push
• Improved asset quality & restructuring progress
Turnaround story in the making, driven by fundamentals + reform
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Disclaimer: This post is for educational purposes only and should not be considered a buy/sell recommendation.
Ifciltd
IFCI Intraday Trade (Short)IFCI is in down-trend and sellers have again trapped the buyers in discount zone. So there are high chances of price moving to Target 1 if Nifty is not very much bullish in coming sessions.
Simple trade based on buyer-seller psychology understanding. 1:6+ RR Trade.
If you have any questions. Do ask in comments.
Follow for more such simple and awesome setups. Thanks. Happy trading!
IFCI - Weekly Chart Analysis, CMP-31Stock coming out of long base. It is sustaining and after forming 9Week base of 23% range it is came out.
It is cruising above all its key moving averages. 25-26 shall act as a support. if it close below it then our view stands invalid.
36-44 are the immediate levels which can be tested and if it manages to close above it and sustained over these levels then 80-99 is the main supply zone which can be tested over the long term.
Disclaimer: This is just a study and shared here for educational purpose. It is not a buy/sell recommendation in any way. If you intend to trade this counter then do your own due diligence and trade at your own risk.
#IFCI LONG TRADE IDEA SETUP Greetings Folks,
today I have prepared a setup of IFCI on NSE
the analysis is as follows-
- The price broke past the previous higher high
- now the price is spectating in a minor, just above the breakout area
- the most immediate minor high failed to break past the previous minor high indicating temporary weakness
- it would be better if the price would consolidate sometime in this minor range and then breakout
don't play with fire, always use a predefined stoploss
#IFCI LONG TRADE IDEA SETUPGreetings Folks,
today i have prepared a setup of IFCI on NSE
the analysis is as follows-
- the price was in a minor downtrend, its now trying to pick bullish momentum
- there is good volume buildup in past trading sessions
- if nifty opens positive tomorrow, then we can
look to buy this after breakout
don't play with fire, always use a predefined stoploss